TSX:NFIMachinery
Does GR Seating Joint Venture Signal a Supply Chain Edge for NFI Group (TSX:NFI)?
On October 22, 2025, NFI Group Inc. and GILLIG LLC announced they had formed a 50/50 joint venture called GR Seating, LLC, which acquired the key assets of American Seating Inc., a major supplier of transit seating, and committed to maintaining existing operations, workforce partnerships, and customer support in Grand Rapids, Michigan.
This collaborative move secures a critical supply chain component for both companies, aiming to stabilize American Seating’s operations and boost overall...